State Office Building Renovation May Spark Neighborhood Revival

A long-awaited $205 million renovation of the State Office Building on Capitol Avenue could serve as the catalyst for an even bigger goal: bringing back a neighborhood where one hasn’t existed for decades. The overall redevelopment is likely to cost hundreds of millions of dollars. Financing, which still must be lined up, would be a combination of private investment and and public subsidy, a portion of the latter coming from the Capital Region Development Authority.

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